Tag: Drewry

Shippers Have The Upper Hand In Fresh Contract Negotiations

A Loadstar news article published in the Loadstar states that shippers now have the edge when it comes to contract renewal, says Drewry. 2023 contract...

The Drewry Container Port Throughput Indices

Drewry has published the Port Throughput Indices following its maritime research. Drewry’s latest assessment - August 2022 The Drewry Container Port Throughput Indices are a series...

Drewry World Container Index Down By 5% This Week

Drewry’s composite World Container Index decreased by 5% to $5,378.68 per 40ft container this week. Detailed assessment The composite index decreased by 5% this week, the...

Spot Freight Rates Continue To Tumble

The capacity shortage that underpinned skyrocketing ocean freight rates for the past two years has ended and rates will continue to fall, according to...

Secondhand Container Prices Down For This Reason

A recent news article published in the Maritime Executive states that oversupply of Containers Drives Down Secondhand Prices. Container shipping markets In the latest sign of...

Spot Rates Quintuple: The Quest For New Normal Beings

FBX Asia-West Coast rates down 65% vs. peak but 5 times higher vs. pre-COVID, says an article published in FreightWaves. Reverse Scenario Containerized cargo shippers face...

Why Cargo Prices Rise And Global Freight Declines?

Record shipping costs are accounting for up to a fifth of the value of British exports and affecting their competitiveness, according to a...

6 Mteu Of Surplus Containers Now Exist

The global pool of shipping containers increased by 13% to almost 50 mteu in 2021, which was three times prior growth trend. Drewry...

Spot Rates Drops Below Long-Term Contract Prices

Spot container freight rates on the main east-west deepsea headhaul trades continued to edge downwards this week, amid a softening of demand as western...

Ocean Cargo: Carriers, Shippers Continue To Navigate Choppy Waters

Meanwhile, Xeneta Shipping Index reports that long-term contracted ocean freight rates climbed by 7% in March, pushing shipping prices up 96.7% year-on-year. These escalating...
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